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Inventories (Tables)
6 Months Ended
Feb. 29, 2024
Inventory Disclosure [Abstract]  
Schedule of Inventories

Inventories consisted of the following as of February 29, 2024, February 28, 2023, and August 31, 2023:

 

($ in thousands)

 

February 29,
2024

 

 

February 28,
2023

 

 

August 31,
2023

 

Raw materials and supplies

 

$

89,500

 

 

$

89,968

 

 

$

83,908

 

Work in process

 

 

10,788

 

 

 

9,837

 

 

 

7,820

 

Finished goods and purchased parts, net

 

 

88,955

 

 

 

103,067

 

 

 

86,793

 

Total inventory value before LIFO adjustment

 

 

189,243

 

 

 

202,872

 

 

 

178,521

 

Less adjustment to LIFO value

 

 

(21,909

)

 

 

(24,169

)

 

 

(22,589

)

Inventories, net

 

$

167,334

 

 

$

178,703

 

 

$

155,932